Dubai surpasses 100,000 hotel rooms in portfolio
The emirate of Dubai has officially reached 100,000 rooms across its expanding hotel and hotel apartment inventory.
Dubai surpassed 100,000 rooms following the opening of the Westin Dubai Al Habtoor City in August this year, according to Dubai’s Department of Tourism and Commerce Marketing (DTCM).
DTCM director general HE Helal Saeed Almarri commented: “For the hotel sector, high demand from international travellers, and the consequent growth in tourism volumes, has been the cornerstone of fostering continued investment in supply enhancement, which has seen us cross this historic 100,000 rooms threshold."
DTCM said it expected room nights in the emirate’s hotels and hotel apartments to reached 35.9 million by the end of 2018, representing a compound annual growth rate of 10.8% from the end of 2015.
With demand increasing, overall projected occupancy rates until 2018 are expected to be maintained at approximately 77%.
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